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to slash forty billion euros out of their deficit by next year as we've seen other nations that have taken the poison pill of austerity particularly greece these new spending cuts will only make the situation worse situation in spain is already so bad that the cataloging a region of spain called for an early election at the end of november which could be a vote for independence from spain altogether is the region runs into its own financial problems so where is all this leading to here for some answers is david marty activist member of the international organization for the participatory society in madrid chapter and co-author of the book fanfare for the future occupy strategy david welcome and thanks for joining us from madrid thanks for staying up late to talk with us throughout thank you for having me much appreciate it we've seen pretty violent protests in the streets of spain over the last few days how unstable is the country what reaction is there to and is it all a reaction in this new budget. if you tried to. see violence isn't instability miles would just only took place bet
to slash forty billion euros out of their deficit by next year as we've seen other nations that have taken the poison pill of austerity particularly greece these new spending cuts will only make the situation worse situation in spain is already so bad that the cataloging a region of spain called for an early election at the end of november which could be a vote for independence from spain altogether is the region runs into its own financial problems so where is all this leading to here for some...
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. th
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a...
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Sep 29, 2012
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problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at
problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached...
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Sep 26, 2012
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what spain and greece are doing is trying to cut the budget deficit with 25% unemployment, and doing it when bond yields are too high to be able to dip into the market, especially for greece. so these countries have been forced to do this by the markets, brooke, not by politicians. their hand has been forced and now they're telling their people on streets they have got to be the ones that suffer the most. ironically, of course, the u.s. treasury have benefitted from all the european upheaval. it made it easier for the u.s. not to make the tough choices at this moment. any country trying to cut the budget deficit, it is harder to do while that country is in recession. it actually makes the recession worse, which makes it -- it has to be more cuts in order to meet the deficit targets. it is nearly impossible to see how the countries can do that. >> so you point out, you negotiation unemployment rate 25% in spain, running down more numbers, 54% of greeks under age 25 are unemployed. are major spending cuts raising retirement age here to 67, will that work for spain and greece? >> well,
what spain and greece are doing is trying to cut the budget deficit with 25% unemployment, and doing it when bond yields are too high to be able to dip into the market, especially for greece. so these countries have been forced to do this by the markets, brooke, not by politicians. their hand has been forced and now they're telling their people on streets they have got to be the ones that suffer the most. ironically, of course, the u.s. treasury have benefitted from all the european upheaval....
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that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the passion of the ticket? >>guest: i do so many tv interviews, i have done over 100. i am doing them regional, and i'm talking to richmond, dayton, to wisconsin tv, colorado springs, yesterday, and ft. collins. >>neil: are you troubled by the wisconsin poll, and they are just polls, but for -- this is a snapshot of the moment -- but trailing further. >>guest: i don't believe the validity of that poll. here the deal, we are going to give the country a choice. the country deserves to have a choice. the choice we are offering is, do you want the traditional american idea of limited g
that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the...
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. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds with what he's saying on the campaign trail and privately, they're acknowledging what many have been saying, that governor romney had a good debate and the president is going to be under pressure to do better next time. the president tried to refrain the debate saying the mitt romney he saw last night had little resemblance to what the president said romney's policies are. governor romney himself, meanwhile s meeting with supporters in colorado. romney said the debate gave him a chance to frame the campaign for the country for what their choice would be. >> last night, i thought it was a great opportunity for the amer
. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds...
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that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! >> brn: california is the third straight t
that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can...
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who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienaing these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of e
who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienaing these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i...
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which is that in the past, there been conversations about trouble with the deficit yet there with the ability to think about investing in young children and now grappling with that. we are dead a place where we as a society cannot think about it in a broader way because we are seeing a shrinking pie. that is a big problem to put out there. at the state level, there are -- because of the race to the top, early learning challenge grants have some really innovative and dynamic leaders. we have some states that are moving fairly quickly in a constrained environment. to be thinking about more children having access or at least setting up a stage so children will have access when things open up a little bit again. now we have almost a have not situation. educational opportunities depend on zip code. we are in the same place when it comes to young children, opportunities for their families, opportunities for early learning environment. there is more to say on the state front. i would encourage you to look at a previous event that david and i held, that is online, the video is archived. i wil
which is that in the past, there been conversations about trouble with the deficit yet there with the ability to think about investing in young children and now grappling with that. we are dead a place where we as a society cannot think about it in a broader way because we are seeing a shrinking pie. that is a big problem to put out there. at the state level, there are -- because of the race to the top, early learning challenge grants have some really innovative and dynamic leaders. we have...
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the same kinds of policies that we pursued over the last eight years is not going to bring down the deficit. and frankly senator mccain voted for 4-5 of president bush's budgets. >> senator obama, i am not president bush. if you wanted to run against president bush you should have run four years ago. chris: there's an example of a well-prepared -- we knew, i'm sure senator mccain knew that was coming. you notice how he did that automatically? this time around it's more dangerous, isn't it? for president obama to blame a guy four years ago. >> yeah, because people are going to say, what did you do lately? you've had four years to fix the economy and look at the economic malaise we're still in. look at the jobs reports. last month, adding 96,000 jobs. not even enough to keep pace with population growth. chris: we put the first debate to the matthews meter. 12 of our regulars, including john, kelly and howard is mitt romney more likely to break through wednesday night on style points or on substantive arguments? nine say substance. three say style. you voted with the majority. howard, -- >> we
the same kinds of policies that we pursued over the last eight years is not going to bring down the deficit. and frankly senator mccain voted for 4-5 of president bush's budgets. >> senator obama, i am not president bush. if you wanted to run against president bush you should have run four years ago. chris: there's an example of a well-prepared -- we knew, i'm sure senator mccain knew that was coming. you notice how he did that automatically? this time around it's more dangerous, isn't...
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. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007. >> good luck to you today. >> reporter: and while they have both reached the pinnacle of party politics, they are so different. their talents and their paths to power and their debate styles. so much at stake on that stage tonight. this showdown comes at what might be the critical moment in this campaign. a hinge of political history. polls show the race tightening, just 34 days left in this campaign. and you can already sense in the crowds the special energy of the home stretch. but tonight, surprisingly, and in contrast to the daily scrap on the tra
. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007....
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been bu
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one...
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i want to turn to the deficit. mitt romney claims with these tax cuts, he will not add to the deficit. >> my number one principle is, no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. part one. so there is no economists can say mitt romney's tax plan adds $5 trillion. my plan is not to put in place any tax cut that will add to the deficit. >> look at the facts here again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says its by reducing deductions and closing loopholes, but hasn't said which or how many. so the verdict here is simply in complete. we just don't know, wolf. >> he also suggests repeatedly, john, that by improving the economy, there would be a dynamic scoring as they call it more revenue coming in, because more money would be coming into the taxes, businesses and individuals could be doing better. as a result, he's justifying the trillion dollar tax cut if you will. >> hence the grade incomplete. >> he hasn't offered a lot o
i want to turn to the deficit. mitt romney claims with these tax cuts, he will not add to the deficit. >> my number one principle is, no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. part one. so there is no economists can say mitt romney's tax plan adds $5 trillion. my plan is not to put in place any tax cut that will add to the deficit. >> look at the facts here again. mitt romney has not laid out specifics for how he would pay for his...
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it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the an rlin brand. e re par >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, ciming he will protect social security and medicare. but this is not the same mourdock who defeetedichard lugar in the primary. are richard lugar and others paying their price for the extremism? >> i would add to what sam said, part of the afrmath of 47%-gate. it's tough to make the argument u're best on the economy when you think you shoul only be infor h t pe onhe economy, right? that's how the comments were percei perceived. to your question, ed, i want to add, this is not just having a trickledown effect to other senate races. the only shot we have at electing a new womanovernors tu - >> i tiet-wide, no question. >> who shouldn't be in a neck and neck race, but is, because of what's going
it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the an rlin brand. e re par >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, ciming he will protect social security and medicare. but this is not the same mourdock who defeetedichard lugar in the...
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hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and here's the ideas. is a debate the place to do it? >> i don't know. he's got to be himself. there is self to him. i met him when i was in harvard. i picked the locks there, but the taught there, and i enjoyed him. he can govern. he governedded massachusetts, a state was ungovernable with a democratic legislature. he'll go back to that if he gets in and begin to do it. i hope he comes across without looking like the handlers were at him out all. neil: what do you think of how he's run the campaign? >> handlers got to him. when you run, and you got a staff like that, and they say don't do this, and, of
hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and...
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no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los últimos 4 años. son extraordinarias 20 millas de personas que dejaron de buscar trabajo en este país. cuando el presidente asumió el cargo teníamos 20 millones td personas que recibían cupones de alimentos, 47 millones de personas que los reciben hoy. el crecimiento económico es más lento que el año anterior, statu quo no funcionara para el pueblo americano que lucha hoy. >>> estamos hablando de la economía y esto es teóricamente, todavía estamos en el segmento sobre la economía y específicamente sobre qué hacer en cuanto al déficit federal la deuda federal. y la pregunta y cada u
no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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so the next subject, the deficit. mitt romney claims even with this tax cut, he will not add to the deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist can say, mitt romney's tax plan adds $5 trillion, if i say inwi will no add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the deficit. >> but all we have is his word. mitt romney has not laid out any specifics for how he would pay for these tax cuts. he would reduce some deductions and close loopholes, but hasn't said which ones or how many. so the verdict on mitt romney, incomplete. there were some other issues there. we want to further break down the issue of health care. our senior medical correspondent, elizabeth cohen, joins us from atlanta. elizabeth, governor romney said he didn't raise taxes in massachusetts to pay for romney care. let's listen. >> what were some differences? we di
so the next subject, the deficit. mitt romney claims even with this tax cut, he will not add to the deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist can say, mitt romney's tax plan adds $5 trillion, if i say inwi will no add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the deficit. >> but all we...
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do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists, author laffer, and digital politics editor, and former bush adviser brad blakeman to separate facts from fiction in the world of presidential polls and strategies. early voting has presidential votes cast in more than half the country by next week. shannon has our report. the president's poll numbers in ohio getting a boost from stronger economic numbers, but there's head winds pressuring the campaign. the white house chief correspondent, ed henry, reports. >> since early voting starts tuesday here in ohio, it was a familiar script for president oba
do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists,...
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division title since the arrival in d.c. scott smith was there to celebrate history. scott, it was so exciting last night. >> it was. i would say worthy celebration given the 79-year drought this post season drought, we should say, that the city's been through and sweet for a handful of guys who were here like john lennon and ryan zimmerman and not to mention it came against the phils, the reigning champs. despite winning, the team lost. the bubbly flowing and ended the celebration on the field. thousands of fans stuck around to bask in the moment. the longest tenure and ryan zimmerman is enjoying it more than most and
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division...
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deficit will magically go away, and we will live happily ever after. there's only one problem. we just tried this during the last decade. during the previous presidency. it didn't work. top down economics never works. the country doesn't succeed when only the rich get richer. we succeed when the middle class gets bigger. when more people have a chance to get ahead. more people have a chance to live up to their god-given potential. look, i don't believe we can get very far with leaders who write off half the nation as a bunch of victims who never take responsibility for their own lives. i've got to tell you, as i travel around ohio and as i look out on this crowd, i don't see a lot of victims. i see hard-working ohioans. that's what i see. we got students who are trying to work their way through college. we have single mom who's are putting in overtime to raise their kids. >> your outstanding president of this institution, bowling green, outstanding woman, really smart. there she is right there. we were talking because we both were raised by single moms. she was telling the stor
deficit will magically go away, and we will live happily ever after. there's only one problem. we just tried this during the last decade. during the previous presidency. it didn't work. top down economics never works. the country doesn't succeed when only the rich get richer. we succeed when the middle class gets bigger. when more people have a chance to get ahead. more people have a chance to live up to their god-given potential. look, i don't believe we can get very far with leaders who write...
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Oct 4, 2012
10/12
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about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas a
about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18...
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Sep 26, 2012
09/12
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CNBC
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what he's referring to the fact we're not going to let this increase the deficit. and so the growth in revenues as a result of the economic growth is going to pay for that in part, and we're also going to make the tax system flatter and fairer and simpler which is something else conservatives have wanted, which is also pro-growth. and that's the part the governor is emphasizing. >> he says don't expect any big tax cuts. first of all, you guys ought to pledge to the middle class those middle brackets. i'm not talking about the upper. the upper should lose their tax deductions and everything should be on the table. but i'm talking about the brackets that are around 15% to 28%, jim. that's where the take home is going to rise. you ought to say we're going to leave your deductions alone. we're going to take it out of the high of the upper income people because we're giving them a big tax cut. the middle class, he shouldn't even suggest they're going to be tax deductions. i wrote a column about this. i said use reagan's slogan. use reagan's slogan. all right. take-home
what he's referring to the fact we're not going to let this increase the deficit. and so the growth in revenues as a result of the economic growth is going to pay for that in part, and we're also going to make the tax system flatter and fairer and simpler which is something else conservatives have wanted, which is also pro-growth. and that's the part the governor is emphasizing. >> he says don't expect any big tax cuts. first of all, you guys ought to pledge to the middle class those...
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Oct 4, 2012
10/12
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when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative political action conference. his big night seems to be paying off. his press secretary -- much of that money is going to be spent right here in virginia. we are looking forward to the debate, it is a week from tonight. people expect plenty of fireworks. battleground virginia is getting a lot of attention. it starts tonight with mitt romney and paul ryan. mitt romney will hold a rally tomorrow. the president will be in vienna, va. tomorrow. monday, governor romney is back with a speech in lexington, virginia. our coverage of the day after nhe debate continues o wjla.com. we have local reaction. what you thought as the deb
when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative...
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Oct 4, 2012
10/12
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CNNW
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mitt romney also talked about the deficit last night. and he claims that even with his tax cut, he will not add to the defici deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist that can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the deficit. >> the problem in both of these claims is a lack of specifics. what the president is assuming, the reason we said false on his claim, he basically is assuming if he just did a tax cut and nothing else, then it would include this giant amount of tax breaks for people out there. but that's what mr. romney is saying he won't do. he's saying he has all these specifics in terms of cutting deductions, finding ways of closing loopholes so that people would pay more and there wouldn't be this giant tax cut but he wouldn't say what that would be. this lack of
mitt romney also talked about the deficit last night. and he claims that even with his tax cut, he will not add to the defici deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist that can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the...
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Oct 4, 2012
10/12
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KTVU
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to buy new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to p
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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Sep 28, 2012
09/12
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FOXNEWS
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part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speec
part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the...
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Sep 27, 2012
09/12
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FBC
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and wants to show he's serious about the deficit. one of the things he's delivering immediately is, he gets elected president, bush tax cuts remain we don't get a big tax hike looking at 15% capital gains tax next year instead of 20, 25, 30%, 15% dividend tax instead of a 48%. and in the bush tax cuts exspiring translates into the biggest tax cut maybe in the history of america and focuses on that way, because the obama speed prevails. stuart: i just reported that the economy is 1.3%, 8 percent, you know the story. how do you explain? with na big economic performance, president obama still leads in the polls, especially in the key state of ohio. >> the way i explain it, media coverage that's off the charts outrageous, it's lying playing in basketball game and i get two points for a basket and you get 10. it's ridiculous. >>, but are the polls accurate? >> they are he' accurate and according to the poll yesterday. i told you this before. i think if they were selling securities we'd put them in jail for securities fraud. stuart: you wa
and wants to show he's serious about the deficit. one of the things he's delivering immediately is, he gets elected president, bush tax cuts remain we don't get a big tax hike looking at 15% capital gains tax next year instead of 20, 25, 30%, 15% dividend tax instead of a 48%. and in the bush tax cuts exspiring translates into the biggest tax cut maybe in the history of america and focuses on that way, because the obama speed prevails. stuart: i just reported that the economy is 1.3%, 8...